Interesting. I'm on NA (Canada), and upgraded to latest firmware.
My iPad Air 2 is on iOS 8.1. I'm upgrading to 8.1.1 and see if that solves part of the problem.
Now it looks like my iPhone 5 on iOS 8.1.1 is also having issue, but it's more like it just keeps dropping Wifi signal, as oppose to my iPad which kills the router. That issue sounds like it's an apple one from the Apple forum I'm reading.
I have read that if I limit the 5 GHz to a/b/g and not n/ac, then the wifi connectivity issue goes away, but the speed will be affected obviously. I may try that over the weekend.